News
Apple shares soar past $100
Following better than expected quarterly earnings, shares of Apple soared above $100 to hit a new all-time high. As reported late yesterday, Apple saw second quarter earnings come in at $770 million, or 87 cents a share, compared to earnings of $410 million, or 47 cents a share, last year. Analysts were expecting, on average, earnings of 64 cents a share on revenue of $5.17 billion for the quarter. During the quarter, Apple shipped more than 10.5 million iPods and more than 1.5 million Mac computers.
Share This Article & Win an iTunes Gift Card. Next: iTunes, American Idol offer Idol Gives Back performances
Previous: Apple CEO: iTunes subscriptions unlikely, labels considering DRM-free tracks
Comments
If you have a comment, news tip, advertising inquiry, or coverage request, a question about iPods or accessories, or if you sell or market iPod products or services, read iLounge's Comments + Questions policies before posting, and fully identify yourself if you do. We will delete comments containing advertising, astroturfing, trolling, personal attacks, offensive language, or other objectionable content, then ban and/or publicly identify violators.
Recent News
- iPodweek newsletter coming shortly
- Ngmoco releases Rolando 2: Quest for the Golden Orchid
- L.A.-based band uses iPhone to record new single
- iPhone patent filings: haptics, fingerprints, karaoke, packaging, more
- Apple, developers wrestling over App Store pornographic content policy
- AT&T memo touts record-breaking iPhone 3GS launch
- New iPhone 3GS ad highlights video features
- Winners of iPWR SuperPack Giveaway announced
- iLounge announces Tekkeon myPower Giveaway
- Nike+ site updated, adds some iPhone/iPod touch access
Recent Reviews
- Gameloft S.A. Castle of Magic
- Altec Lansing BackBeat 903 Wireless Stereo Headphones
- id Software Doom Resurrection
- Blackmagic Design Video Recorder with H.264 Encoding
- Ultimate Ears UE 4 Pro Custom Monitors
- Kensington Bluetooth Stereo Headphones with Microphone
- Avantalk Multimedia Wireless Speakerphone BTSP-200
- Apple iPhone 3GS (16GB/32GB)
- Apple iPhone OS 3.0
- Ozaki iCommand Controller for iPod shuffle 3G
Recent Articles
- Weird + Small Apps 19: A.D.D. Lite, Archon Classic, iYamato, Warpack Grunts + More
- Ask iLounge 6-26-09
- Instant Expert: Secrets & Features of Apple TV 2.4
- Weird + Small Apps: Blue Block, Guess!, Idiot Test, ThreadBound, Water Toy, myXident, StamPa + More
- Ten Things You Didn’t Know About Apple’s iPhone 3GS
- Editorial: Why No Lines at iPhone 3GS’s Launch is Good For Apple, and You
- The One-Page Guide to iPhone 3G, 3GS, and iPod touch Differences
- Editorial: Developers’ iPhone OS 3.0 Features Work, With Key Caveats
- Editorial: In-App Purchasing Shame - $1-per-Minute GPS is Here, is Psychic Friends Next?
- Instant Expert: Secrets & Features of iPhone OS 3.0
1
Can’t be bad.
Posted by stadidas on April 26, 2007 at 7:35 AM (PDT)
2
yeah, apple was one of my stocks for a project in my economics class. the actual “closing” price was about $95. the price went up to $102 in after hours trading, but we had to sell off at the closing price. i lost $7 a share.
Posted by Sts10188 on April 26, 2007 at 11:46 AM (PDT)